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Business News

26 Jul 2021

Government announces simplified tax reporting for self-employed and small firms

Changes to the tax system that will make it easier for small businesses to fill out their returns have been announced by the government.

23 Jul 2021

FSB urges government to provide SMEs with better access to support and advice

In a new report, the Federation of Small Businesses (FSB) has called on the government to provide small and medium-sized enterprises (SMEs) with better access to business support and advice.

22 Jul 2021

UK to overhaul funding of research and development

The government is to review the bodies it uses to finance research and development (R&D) in the UK.

21 Jul 2021

HMRC launches consultation on basis period reform

HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.

20 Jul 2021

CIOT urges government to make tax system easier to navigate

The Chartered Institute of Taxation (CIOT) has urged the government to use its tax administration review to make the UK tax system easier to navigate for taxpayers.

19 Jul 2021

CBI calls for urgent solution to 'crippling staff shortages'

The government must make immediate changes to the current self-isolation policy as businesses face 'crippling staff shortages', according to the Confederation of British Industry (CBI).

16 Jul 2021

Over 40% of UK employers planning to increase investment in skills

More than 40% of UK employers are planning to increase investment in training compared with pre-COVID levels, according to the 2021 Confederation of British Industry (CBI)/Birkbeck, University of London Education and Skills Survey.

15 Jul 2021

Job vacancies increase to over pre-pandemic levels

There are more job vacancies now than there were before the pandemic, according to the Official for National Statistics (ONS).

14 Jul 2021

High Street sales bounce back in spring

Retail sales bounced during the spring with the quarter from April to June showing record growth, according to the latest figures from the British Retail Consortium (BRC).

13 Jul 2021

Government urged to provide more clarity over reopening

The government has been urged to provide more clarity and further guidance after it confirmed that most lockdown restrictions will end in England on 19 July.

12 Jul 2021

International tax reform backed by 130 countries

An historic deal for a global corporate tax rate of at least 15% has been agreed by 130 countries, the Organisation for Economic Co-operation and Development (OECD) has announced.

09 Jul 2021

HMRC publishes guidance on the fifth SEISS grant

Full details of the fifth Self-employment Income Support Scheme (SEISS) grant, including a new turnover test which determines the level of the grant, have now been published by HMRC.

08 Jul 2021

Average losses from pensions scams now over £50,000

The average loss from pension scams has reached £50,949 this year, according to the latest figures from Action Fraud.

07 Jul 2021

Businesses borrowed £79 billion in COVID-19 support loans

The UK's businesses borrowed a total of £79.3 billion from the government's coronavirus (COVID-19) lending schemes, according to official figures.

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